Luxury second homes

Dar Global Reports Over Dh1.3 Billion in Revenue with a Margin of 41%

Dar Global Reports Over Dh1.3 Billion in Revenue with a Margin of 41%

Dar Global, a leading luxury international real estate developer, has unveiled its audited full-year financial results for the period ending December 31, 2023. The company reported record-breaking revenues of $360.6 million (Dh1.32 billion), accompanied by a robust gross profit margin of 41%, totaling $146.4 million (Dh537 million). Read More : UAE Real Estate Yields Expected to Remain Strong:...

Surge in Demand: Dubai's $10 Million Plus Homes Market Skyrockets by Nearly 100% in 2023

Surge in Demand: Dubai’s $10 Million Plus Homes Market Skyrockets by Nearly 100% in 2023

In 2023, Dubai witnessed an impressive surge in the sale of homes priced at $10 million and above, with transactions skyrocketing by over 92%, totaling 431 sales. This robust activity underscored the active participation of affluent investors in Dubai's thriving real estate market. The year saw several records shattered, and indications suggest that this trend is set to continue throughout 2024. Read...

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